Keep reading for some tips on building your custom home budget.
Your budget is one of the biggest factors in building a custom home. But how do you plan a budget for your new home? With everything that goes into creating a custom house, it is easy to feel overwhelmed, but it doesn’t have to be that way. The best way to help yourself in the process is to partner with a custom home builder who understands your region and needs. Keep reading for some tips on building your custom home budget, and contact Accessible Home Builders to learn more about our process!
Land Costs
It’s essential to identify what type of land you want. Whether you prefer a rural, urban, inland, or coastal location, it’s essential to start searching for land sooner rather than later.
Land costs can include permits, lot clearing, utility installations, sewer and water hookups, and other related expenses. When determining your budget, you should consider all these costs as you review house plans. Accessible Home Builders can offer a free site review to discover these costs and estimate the impact they can have on your budget.
Land Improvement Costs
Land improvement is the next piece of your home construction budget. Depending on the piece of land you choose, it can be a notable part of the cost of building a house. It is strongly recommended to contact a custom home builder who can clearly and efficiently outline the necessary site work and provide an estimate of the cost to bring it up to code. Here are a few key factors that contribute to site improvement.
Grading Work
Grading work is a cost factor that is heavily dependent on the site you choose. An experienced builder will be able to tell you precisely what grading work needs to be done for the location you’ve chosen and the sort of layout you’re building. Remember, a home is only as sturdy as its foundation, and appropriate grading and leveling set your foundation and custom home build up for success.
Water & Sewer Access
Does your lot have access to public water? Are the taps located at the lot? Are the taps currently in place, and do they need to be upsized for the fire sprinkler system? Have the tap fees been paid? If not, what is the cost? How deep in the ground is the water main to tap into? These questions can be answered by the Public Works Department of the County in which the lot is located. Accessible Home Builders can help you navigate these questions.
Construction Costs
The cost of building a house also depends on its size and floor plan. Several factors influence the cost of building your custom home. If you’re looking for a quick estimate of your construction costs, send the floor plans you like to your builder. Once you have your custom floor plans, you’ll receive a more detailed construction cost estimate.
Create Your Custom Home Budget
Now that you understand the factors that impact your custom home budget, it’s time to create your budget. Combine the costs for each step and add them all together. Once your budget is in place, you can assess whether it aligns with your financial goals and expectations, and if any adjustments are needed.
When you pick out the land you need, you can choose the exact spot where you want to build your dream home. Your dream home can be a reality with the right custom homebuilder on your team.
Contact Accessible Home Builders Today
Here at Accessible Home Builders, we’re proud to say we’ve been building and remodeling homes since 1994. We’ve serviced Rehoboth Beach, Lewes, Selbyville, Millsboro, Georgetown, Laurel, and more communities within Delaware in that time. We work to guarantee a high level of professionalism, dedication, and the use of quality materials to ensure our customers have the homes they deserve.
To get in touch with us, give us a call at our office at 302-663-0464, send us an email at info@accessiblehomebuilders.com or visit us in person at 28412 DuPont Blvd, #103 Millsboro, DE 19966. Follow us on Facebook, Twitter, Linked In, and YouTube to stay updated on what we’re up to next!